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this post was submitted on 23 Oct 2023
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Technology
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… I mean, frankly I don’t see many legitimate use cases for crypto anyways. Cash Is kind of a better option in most cases where credit/debit cards would be out of the question.
I think there's utility for digital cash. Fungible cash online.
I personally use Monero which is fungible, private, online digital cash. Just yesterday I donated to doctors without borders, I pay for my VPN, I pay for my email hosting, I donate to signal, I donate to graphene OS, I donate to the briar project, I donate to the Tor foundation, I fund software development bounties, I pay for video game hosting, I paid for dropout.tv.. all using monero.
Why? For the same reasons I use cash. I want to have a transaction, I want to be done with it, and I don't want to have an ongoing relationship. I don't want third parties to be involved. If I put $5 in the local temples donation bin, or if I donate $5 in crypto, that's nobody's business but me and the Buddhists.
Great description!
Some people live in countries where some of those things are illegal. Another example of this is banned books. I can pay for entry into a private torrent tracker through a VPN to access books banned in my country.
If you need 0 connections between the cash in your bank account and what you buy online then you need something like Monero.
Or like buy a pre paid card with cash at a corner store.